Based on the Following Data, What Is the Quick Ratio

question 87

Multiple Choice

Based on the following data, what is the quick ratio (rounded to one decimal point) ??? $$\begin{array} { l r } \text { Accounts payable } & \$ 30,000 \\\text { Accounts receivable } & 60,000 \\\text { Accrued liabilities } & 5,000 \\\text { Cash } & 30,000 \\\text { Intangible assets } & 50,000 \\\text { Inventory } & 69,000 \\\text { Long-term investments } & 80,000 \\\text { Long-term liabilities } & 100,000 \\\text { Marketable securities } & 30,000 \\\text { Fixed assets } & 670,000 \\\text { Prepaid expenses } & 1,000\end{array}$$

• A) 3.4
• B) 3.0
• C) 2.2
• D) 1.8

Grasp the concept of analytics in finding meaningful patterns within large datasets.

Recognize the relationship between analytics, big data, and evidence-based management.

Identify and differentiate between conditioned and unconditioned responses and stimuli.

Comprehend the concept of observational learning and its significance.

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Definitions:

Nonspecific Response

A generalised reaction by the body to a stressor, not directed against any particular pathogens.

Hassles

Minor irritations or annoyances that occur in daily life and can cumulatively lead to stress.

Uplifts Scale

A tool used to measure the positive experiences and resources that individuals perceive in their lives, which can counterbalance stress.

Epinephrine

A hormone also known as adrenaline, produced by the adrenal glands, playing a vital role in the body's fight-or-flight response by increasing heart rate and blood flow.